SDF, EOS Form A Partnership To Develop A Cutting-edge Multi-platform, Light-weight, 14.5 X 114 Mm Weapon System Mon 22nd February 2021 | 05:15 PM
ABU DHABI, (UrduPoint / Pakistan Point News / WAM - 22nd Feb, 2021) SDF, the investment arm of Tawazun Economic Council, and EOS Defence Systems Pty Limited (EOS) have signed an agreement to establish a JV with equal partnership, which would design and develop a new multi-platform Light-Weight 14.5 x 114 mm Chain Driven Machine Gun in the UAE, with the involvement of international and local engineering and designing expertise.
The JV will utilize the latest technologies in design and manufacturing to provide to the market a superiorWeapon System compared to the existing conventional 14.5 x 114 mm products. The new weapon system will provide lighter weight, improved accuracy, lower stoppage, reduced recoil and enhanced logistic support.
Tawazun, EOS to set up weapon manufacturing unit in UAE
DUBAI, February 22, 2021 Strategic Development Fund (SDF), the investment arm of Tawazun Economic Council, has signed an agreement with EOS Defence Systems, Australia’s leading defence and technology companies, to set up a joint venture firm with equal partnership, that would design and develop a new multi-platform Light-Weight 14.5 x 114 mm Chain Driven Machine Gun in the UAE. The JV, with the involvement of international and local engineering and designing expertise, will utilize the latest technologies in design and manufacturing to provide to the market a superior Weapon System compared to the existing conventional 14.5 x 114 mm products.